/biz/ - Business & Finance

How much link per month for 1 LP?
and whats the USD equivelant?

the value goes down for every new node that pops up

>>15040524
We don't know the numbers yet, as we don't know how many Links you get for running a node.
The Chainlink network doesn't pay node operators with inflation, instead data requesters pay node operators for the data they provide.

Currently Linkpool is valued below 2% of Chainlink's total market cap, but they aim to manage about 10% of the network's traffic.
The current biweekly payments are coming from one node, that is getting paid by the Chainlink team, as a network heartbeat.

>>15040456
Based

One of the 186.

Marletplace is coming in early August.

A couple more posts and sites for people that want to read more into Linkpool and what they're currently working at:

Homepage: https://www.linkpool.io/
Linkpool Marketplace, for finding Chainlink nodes, adaptors, jobs and data sources.
https://medium.com/linkpool/announcing-the-first-chainlink-marketplace-a0dbfd5d13e3
Node as a Service (NaaS): You pay a fix USD fee for using the Linkpool infrastructre to run your own node. You keep more of the rewards, but also need to put in a bit more work. https://medium.com/linkpool/announcing-node-as-a-service-2034ee42d2d9

>>15040456
48ETH for 1LP is obscene at this stage.

i bought LP shares after the initial token sale.

where was the token sale held? how did you anons hear about it originally?

>>15040757
Back then it was mostly discussed here on biz and in the Linktrader subreddit. That was basically all the outreach that Linkpool had.
Jonny wasn't a member of the Chainlink dev team back then, so many feared that he would just run off with the raised ETH. That was the reason why they only managed to raise 700 of the planned 1000 ETH.
Kind of funny, that the best ICO of 2018 didn't even sell out.

>>15040736
Again, don't look at the ETH price, instead compare the market cap of Chainlink and Linkpool. Currently LP is at ~2% of Chainlink.
That doesn't seem obscene for the largest and most trusted staking pool.

>>15040817
What makes LinkPool so valuable? I have to be honest, I haven't done proper due diligence.
Gut feeling tells me green: they have a proper team, Johnny seems legit, they're close to the Link team, the site is clean and BS free. BUT, it feels like a compound bet and it is, first Link has to succeed, then LP has to succeed.

We also don't know all the potential actors yet. There's Coinbase Custody that we know of, kinda.
How hard is it to make a stacking pool?

As for gains in the future, all the guestimates so far feel like bs.

Not trying to FUD.

>>15040538
this is the biggest fud. OP can you respond? Every week a new pool announces Chainlink support. LP has value depending on the dividends but 40 ETH each is insane and only due to fomoing in after mainnet release

>>15040817
Wrong. The crowdsale wasn’t open to burgers, so it limited who could participate.
t. Burger who couldn’t participate in the crowd sale

:^)

>>15040456
186 here, I hold 3.68.
I am very close to selling a share, I need the money.

ICO minuteman reporting in!

Had 3.96 LP, sold one. Still feels incredibly rich.

>>15040945
Jonathan Huxtable is now officially part of the Chainlink team. Suffice to say if LINK succeeds, Linkpool should also.

>>15040456
Jonny rims horses

>>15041884
>schizo anon is here
like clockwork

>>15041788
LinkPool will be successful, anons who got in at a decent price (especially ICO anons) will be very fucking happy, USA holders will likely get btfo eventually or have to figure out a very inventive way to collect earnings once they get serious about KYC (which will happen before major node payouts).

t. salty non LP holder who wishes he had bought in at ICO but was cash poor at the time

>>15041916
> USA holders will likely get btfo eventually
Nah.
1. You're delusional if you think KYC will be associated with every ETH address.
2. As soon as you have a networth of $1m in Burgerland you're an accredited investor and can purchase whatever you want, even if it's an unregulated security.

one the 186 master race here. Never selling by the way

>>15042000
Checked

How many LP are in circulation?
I want to buy 1 LP and have been waiting for a dip now seems like the right time.

>>15042044
4000 LP in existence. 1000 are circulating, the rest are held by the team.

>>15042071
Held, like Jonny lovingly cupping the balls of the stallion he is currently rimming

>>15042202
>>>/mlp/

>>15040456
>my fellow 186ers
can you please have some compassion for us 225ers, it feels bad enough to have missed this already

>>15042044
If you want to buy a full LP share you should do it before the Coinbase retail buyers find out about Linkpool.
The same people that rushed to buy Link at $5 will also rush to buy shares at 150 ETH once staking is open.

>>15042236
Imagine defending a team running a pool where you have to pay 48eth to stake 12 link, who will be in competition with 20 other staking pools without an arbitrary token, who still hold and can dump whenever they want 3/4 of this arbitrary token supply, and their founder literally tongue cleans quarter horses chocolate starfishes

>>15042578
Jonny rims horses

can someone post the LP marine list.
asking for a friend

>>15042624

>>15042542
What if Coinbase Custody offers a staking service as well?

>>15042624
++++++++++++++++
Order of linkpool marine list:
3k: Jonny rims horses
0-1k: Broadly in support of horse rimming

+++++++++++++++++

>>15042670
Previous custody services required you to own at least $1MM of the asset, so most Link holders won't be able to stake with Coinbase.

>>15042700
So this 1MM asset is Coinbase's way of locking out people...same as Linkpool has LP shares as a way of locking out people. I have over 80k, safe to say that it will be worth 1MM at some point.

>>15042646
Major reporting in!

at this point it's probably more worth it to spend money on link than linkpool shares desu

How much LP should i get? Did i miss the train? Got 11k linkies

>>15042975
sell 1k link and put it into LP for early staking

>>15043040
early staking for 4 link, sure

>>15043069
got to get in early champ

>>15043085
4.8 link staking EOY. THANKS JUST BOUGHT 100K

>>15043125
thanks just sold 700k

>>15043133
Wow, that 700k could have staked 251 link. Are you sure there champ?

>>15043069
>>15043125
>he doesn't know
Getting valuable requests will be predicated on having a high reputation in the LINK network. Who will have the highest reputations? The early nodes.

>>15043292
Yep, pretty sure that linkpool are the only initial node operators considering staking - oh wait, no, loads are. Linkpool are the only initial node operators considering the taste of a shire horse's rusty sherrif badge.

>>15043405
Anon you're the one who's obsessed with horse sex. You post about it every day, for free, in detail.
Also other node operators won't be pools because they have enough of their own LINK, or will have requirements like Coinbase Custody. ($1m+)

>>15043481
Not sure slurping on an equine rectum counts as sex, you should probably check with Jonny

>>15043506
>spend all day lurking on anonymous imageboards imagining new ways to describe having sex with horses
>other people are the sickos!
seek help

>>15043535
>Rimming is sex
Anon, I...

>>15042717
To be fair, LP shares were not created to 'lock out' people. At first it was just a simple deal: linkpool gets funding and in exchange, the shareholders get a cut of the profits. Then after months of literally nothing, they announced that share holders would get priority staking since they were the ones that already put their money where their mouth was, seems fair right? It was only when shares became trustlessly tradeable (at user's request so they wouldnt get scammed) that this whole 'locking out' mechanic started springing into action. People have been misrepresenting the LP guys a lot, painting them like greedy bastards trying to get people to buy into their own 'token' while their actions were quite sincere from the start.

>>15043552
Just wait for them to cut shareholders out of their marketplace profits. Screencap this. Also Jonny rims horses.

>>15042646
Lieutenant General reporting for duty

>>15043574
This anon has sex with his pets, he's not to be trusted.

>>15043574
That would devaluate the shares of which they own 3000 lmao, they would lose the most value in that scenario. youre dumb, horseman.

>>15043620
Well you're about to get fucked by your boss, and don't even seem to realise it. I hope whatever linkpool shares Jonny promised you allow you to stake all of your stack of 2.6 link, and I hope you sell you shares before jonny does

>>15043625
Also this is like saying "THe link team would never sell LMAO" we all kno it;s not true

>>15043620
Jonny rims horses

>>15042578
>in competition with 20 other staking pools without an arbitrary token
Firstly other pools will set a waiting list, which is even worse, otherwise their profit will be lower in order to satisfy the damn high demand.

Secondly, LINKPOOL allows every node to become a pool

https://mobile.twitter.com/linkpoolio/status/1146792955434414081

>>15043672
Their only source of income *is* the passive payouts from their shares, if they sell they are retarded (they aren't)

>>15043712
Thanks for taking time away from slobbering all over Dobbin's exhaust pipe to clarify this Jonny.

>>15043672
No, they can sell their shares and they probably will if LP really takes off and they need to expand like the chainlink team. But thats still too far off to worry about, in my opinion. For lp to succeed right now its way more important that chainlink actually becomes a properly used and decentralised network. Also, the LP team dumping their shares doesn't affect my own dividends at all so theres not really any reason to panic over this.

>>15043685
If you're tired of horsefucker anon
>Navigate to [Settings] at the bottom of the page
>'Filters & Post Hiding'
>enable 'Filter and highlight specific threads/posts'
>[Edit]
>add the following phrases
>horse*, rim*, starfish*, stable*, slobber*, Jonny*
will update phrases if he avoids filters

>>15043775
Hey, can you update the phrases to reflect the fact that I've never accused Mat's partner off raping ponies. Just licking poopchutes

>>15043548
You're right. it's only sex to you when a horses is up your ass. to you, rimming a horse is just first base.

>>15043660
>constant thoughts of getting fucked by things

>>15044003
According to Jonny, rimming a horse is firstly based

Why do I have to see this crap in this board? Please start a discord and piss off
>Jonny's shitty terraform templates
>No data connections
>No business connections
>Has zero experience scaling (yes Jonny I remember your shitty Cloudformation template configs)
>Anons betting on a single node provider rather than the underlying protocol

Jesus anyone invested in this deserves to lose all their money and potential LINK gains

>>15044067
Don't forget that he absolutely loves chowing down on horse poop chutes

>>15040456
I only have 0,04 Will I make It?
Its too expensive now!

>>15043775
Works even better than I hoped.
>>15044101
Yes anon, you will make it.

>>15040641
What does that mean, staking?

>>15041581
I give you 5 LINK for a share

>>15044118
Read this.
https://link.smartcontract.com/whitepaper

>>15042646
Specialist reporting in

>>15044092
Honestly I swear to Christ if anons only knew the heap of shite that is that infrastructure, I've been tidying up the mess he left for about 9 months in the company I'm contracting with in London
>smallish market for devops with Cloudformation
Most days I witness stupid decisions, only to do a git blame and see that faggot Jonny's name all over the commits. Honestly can't believe anyone is investing in this instead of buying more LINK, there's a good reason his code isn't open source, he doesn't want you to see how trash it is

>>15044118
It means linkpool is potentially becoming the google of the chainlink network. Bringing together every component from information providers to end users.

>>15044138
Didnt find marketplace

>>15044166
Thank you

>>15043574

marketplace profits go into the owners contract, theyve said as much

>>15044108
Thank you, I hope you are not shitting on me.

>>15040456
So, should I buy LINK or LP?

>>15044192
He's shitting you. You probably won't see significant returns for .04 LP for a few years at least. Nevertheless it might be a good investment once people realize how hard it is to operate your node

>>15044217
Thanks, It sucks to be a poorfag and having missed the original boat 2 years ago.

>>15044232
Don't worry, we're in the same boat. Best we can do is go with the flow and hopefully be smart enough to sell on ATH in the next bullrun and then buy back in

>>15044210
Ideally you have both, if you don't plan to run your own node.
Even 0.04 LP lets you stake before people without shares can.

>>15040817
>Again, don't look at the ETH price, instead compare the market cap of Chainlink and Linkpool. Currently LP is at ~2% of Chainlink.
Plenty of other pools will allow staking with out a LP share. Paying 48eth for something that isnt even live is dumb.

How does that work and how do I get in?
Sorry if that was already answered, I can't read through rn.

>>15045185
by this logic putting any money into altcoins is dumb (and you may be right)

>>15045196
>How does it work
Linkpool is the largest, most trusted and currently only staking pool for Chainlink. In the not too distant future everyone will be able to run a node and start earning more Link, however most people won't be capable and they will try to join a pool.
Staking pools take a cut of the node earnings, (25%9 and give the rest to the people that lent their tokens to the pool.

>How do I get in
All you need to do to be ready for staking is to buy a little bit of LP. Download Metamask, connect your hardware wallet to it and go here: https://staking.linkpool.io/dex

>>15045185
LP nodes will pretty much be the 'default' official nodes of any types of API data. Yes there will be many third-parties but this will be the only nodes directly connected to Chainlink official team.

Not all APIs will be open, some will select a few trusted node operators only

>>15043574
They've already taken away the DEX fees. Goodbye income strands. Hello scam.

>>15045271
Can I do that as a burger?

>>15044217
This, most people on this board couldn't keep a pet alive if they tried and they think they're going to be able to run a node securely? They'll get lazy, forget to replace their UPS battery, and one power outage will cost them their stack.